DLN: The LargeCap Dividend ETF with a Stellar Yield and History
DLN - Market Position
| Ticker Symbol | Product Type | Asset Class | Strategy | Payment Frequency | Geographic Focus | Expense Ratio | Sponsor |
|---|---|---|---|---|---|---|---|
| DLN | ETF | Equity Dividend ETF | Large-Cap Dividend | Monthly | US Domestic |
0.28% | WisdomTree |
DLN Overview - WisdomTree U.S. LargeCap Dividend Fund
The WisdomTree U.S. LargeCap Dividend Fund (DLN) is an exchange-traded fund (ETF) that seeks to track the investment results of the WisdomTree U.S. LargeCap Dividend Index. This index is comprised of large-cap U.S. companies that pay regular cash dividends.
DLN provides exposure to a broad range of large-cap, dividend-paying U.S. stocks, making it an attractive option for investors seeking income and the potential for capital appreciation. The ETF holds approximately 300 stocks, with a focus on companies with strong fundamentals and a history of consistent dividend payments.
The fund employs a unique weighting methodology that involves weighting the stocks by the dollar amount of dividends paid, rather than by market capitalization. This approach aims to tilt the portfolio towards companies with higher dividend yields while maintaining a well-diversified portfolio.
DLN has a relatively low expense ratio of 0.28%, making it a cost-effective way to gain exposure to large-cap dividend stocks. The fund pays dividends on a monthly basis, providing a regular income stream for investors.
Overall, the WisdomTree U.S. LargeCap Dividend Fund (DLN) is a compelling choice for investors looking to incorporate a diversified, dividend-focused large-cap ETF into their portfolios.
DLN - Price / Yield
DLN - Portfolio and Asset Allocation
The WisdomTree U.S. LargeCap Dividend Fund (DLN) is an ETF that focuses on large-cap, dividend-paying U.S. companies. Its top 10 holdings include some of the most well-known and established firms in the market.
The largest holding is Microsoft (MSFT) at 3.81%, followed by Apple (AAPL) at 3.26%, and JPMorgan Chase (JPM) at 3.15%. Other notable holdings include Exxon Mobil (XOM), Broadcom (AVGO), AbbVie (ABBV), Johnson & Johnson (JNJ), Procter & Gamble (PG), Nvidia (NVDA), and Home Depot (HD).
In terms of asset allocation, DLN is heavily weighted towards the Technology sector at 19.58%, followed by Financials at 16.89%, and Healthcare at 13.63%. Consumer Defensive and Industrials round out the top five sectors at 12.36% and 9.08%, respectively.
The fund also has exposure to Energy (8.67%), Consumer Cyclical (6.61%), Real Estate (4.33%), Utilities (4.23%), Communication Services (3.06%), and Basic Materials (1.54%).
This diverse mix of holdings and sectors provides investors with a well-rounded, large-cap dividend portfolio that aims to generate income and potential capital appreciation over the long term.
Top 10 Holdings
As of April 16, 2024, the top 10 holdings of the WisdomTree U.S. LargeCap Dividend Fund (DLN) are:
| Name | Weight |
|---|---|
| Microsoft Corp. | 3.81% |
| Apple Inc. | 3.26% |
| JPMorgan Chase & Co. | 3.15% |
| Exxon Mobil Corp. | 2.70% |
| Broadcom Inc. | 2.64% |
| AbbVie Inc. | 2.64% |
| Johnson & Johnson | 2.43% |
| Procter & Gamble Company | 2.08% |
| Nvidia Corporation | 2.07% |
| Home Depot Inc. | 2.01% |
Asset Allocation
The WisdomTree U.S. LargeCap Dividend Fund (DLN) has the following asset allocation as of April 16, 2024:
This diverse sector allocation helps to provide a balance between growth and stability, with a focus on companies that have a history of paying consistent dividends. The fund's allocation to sectors such as Technology, Healthcare, and Consumer Defensive may help to mitigate risk during market downturns, while exposure to Financials and Energy could potentially benefit from economic growth and rising interest rates.
| Sector | Weight |
|---|---|
| Technology | 19.58% |
| Financial | 16.89% |
| Healthcare | 13.63% |
| Consumer Defensive | 12.36% |
| Industrials | 9.08% |
| Energy | 8.67% |
| Consumer Cyclical | 6.61% |
| Real Estate | 4.33% |
| Utilities | 4.23% |
| Communication Services | 3.06% |
| Basic Materials | 1.54% |
| General | <0.01% |
Dividend Yield and Distribution History
| Section | Details |
|---|---|
DLN Dividend Data |
The WisdomTree U.S. LargeCap Dividend Fund (DLN) pays monthly dividends. The most recent ex-dividend date was on March 24, 2024, with a dividend payment of $0.155 per share on March 29, 2024. |
DLN Dividend Yield |
As of April 16, 2024, the 30-day SEC yield for DLN is 2.48%. This means that for every $100 invested in the fund, investors would receive $2.48 in dividends per year, assuming the yield remains constant. |
DLN Dividend History |
DLN has a history of paying monthly dividends. The dividend payments may fluctuate based on the performance of the underlying dividend-paying stocks held by the fund. |
DLN Dividend Growth |
DLN's dividend payments are dependent on the dividend growth and performance of the underlying stocks in the fund's portfolio. The fund's investment strategy focuses on large-cap companies with a history of consistent dividend payments, which may contribute to steady dividend growth over time. However, dividend growth is not guaranteed. |
DLN Dividend Stability |
DLN aims to provide a relatively stable income stream by investing in large-cap, dividend-paying U.S. stocks. The fund's focus on well-established companies with strong fundamentals may contribute to the stability of dividend payments. However, the dividend payments are not guaranteed and may be affected by changes in market conditions or the performance of the underlying stocks in the fund's portfolio. |
CGDV - Chart
CGDV - Comparative Analysis
Let's compare CGDV with prominent competitors, focusing on key aspects like performance, fees, and strategy: (as of Mar 2024)
| CGDV | VYM | HDV | |
|---|---|---|---|
| Investment Focus | High-quality, dividend-paying stocks of larger U.S. companies | High-yielding, large-cap U.S. stocks | High-dividend-yielding, large-cap U.S. stocks |
| Current Yield | 1.54% | 3.02% | 3.35% |
| Expense Ratio | 0.33% | 0.06% | 0.08% |
| Investment Strategy | Actively managed, focuses on attractively valued companies with consistent dividend growth potential | Passively tracks the FTSE High Dividend Yield Index | Passively tracks the Morningstar Dividend Yield Focus Index |
| Strengths | Potential for higher returns through active management, emphasis on dividend consistency and growth | Low expense ratio, broad exposure to high-yield U.S. stocks | Higher yield than CGDV and VYM, low expense ratio |
| Weaknesses | Higher expense ratio than passively managed funds, potentially higher volatility | Less emphasis on dividend growth, potentially lower returns than actively managed funds | Less diversification than broader dividend ETFs, potentially higher volatility |
Dividend History (Last 5 distributions)
| Ex-Dividend Date | Cash Amount | Record Date | Pay Date |
|---|---|---|---|
| Mar 28, 2024 | $0.0995 | Apr 1, 2024 | Apr 2, 2024 |
| Dec 27, 2023 | $0.1668 | Dec 28, 2023 | Dec 29, 2023 |
| Sep 28, 2023 | $0.1165 | Sep 29, 2023 | Oct 2, 2023 |
| Jun 29, 2023 | $0.1186 | Jun 30, 2023 | Jul 3, 2023 |
| Mar 30, 2023 | $0.0913 | Mar 31, 2023 | Apr 3, 2023 |
News
Technical Analysis
Additional Information and Risks
When considering investing in the CGDV fund, it's essential to review the CGDV dividend history and payout ratio to understand the fund's stock dividend performance. While the fund aims to provide income that exceeds the average yield on stocks in the S&P 500, it's important to note that the fund is less diversified and may be subject to greater volatility than more diversified mutual funds.
As an actively managed fund, CGDV's performance relies on the fund adviser's ability to select attractively valued companies with consistent dividend growth potential. The basic investment philosophy of the management company is to invest in equity assets of investment-grade companies with market capitalizations greater than $4.0 billion.
Investors should carefully review the fund's prospectus and consider the information contained herein before making any investment decisions. The fund may invest up to 10% of its assets in non-U.S. companies, which may expose investors to additional risks. Additionally, as a nondiversified fund, CGDV may invest a larger portion of its assets in a smaller number of issuers, potentially increasing risk for shareholders.
When conducting a CGDV analysis, investors should consider various metrics such as dividend data, payout ratio, and earnings per share. It's also important to compare the fund's performance to equivalent funds and benchmarks like the MSCI index. Keep in mind that while the fund invests in stocks of companies with a history of paying dividends, there is no guarantee that these companies will continue to pay or increase their dividends in the future.
As with any equity investment, the value of the fund's shares may fluctuate with market conditions and company performance. Past performance does not guarantee future results, and investors should consider their individual risk tolerance and financial goals before investing. Always consult with a financial advisor and review the fund's SEC filings for the most up-to-date information and risks associated with trading CGDV shares.